Dollar CEO Michael Calbert sold $451,610 worth of shares via Investing.com

After the transactions, Calbert’s direct ownership of Dollar General (NYSE: ) was reported as 120,322 shares. In particular, this summary includes restricted stock units acquired in equity. These sales were made in trust, as shown in the file. With a current P/E ratio of 12.3 and a strong free cash flow yield, InvestingPro analysis suggests that the stock is currently undervalued. For an in-depth insight into the value of Dollar General and 8 other ProTips, check out the full Research Report, available only to InvestingPro subscribers. With a current P/E ratio of 12.3 and a strong free cash flow yield, InvestingPro analysis suggests that the stock is currently undervalued. For an in-depth insight into the value of Dollar General and 8 other ProTips, check out the full Research Report, available only to InvestingPro subscribers.

After the transactions, Calbert’s direct ownership of Dollar General shares is reported as 120,322 shares. In particular, this summary includes restricted stock units acquired in equity. These sales were made in trust, as shown in the file.

In other recent news, Dollar General has been the subject of several analyst changes. BMO Capital Markets raised its price target on the company’s stock to $84, maintaining a Market Perform rating. The change followed the company’s third-quarter results, which met expectations to curb costs related to the effects of the Hurricane. Dollar General also unveiled a plan to delay opening new stores until 2025, focusing more on renovating existing locations. Conversely, Truist Securities lowered Dollar General’s price target to $83 from $94, maintaining a Hold rating. The company’s shift from retail expansion to retail development was seen as a long-term positive.

BofA Securities upgraded Dollar General from Underperform to Buy, setting a new price target of $95 based on positive signs from the company’s “Back-to-Basics” strategy. Telsey Advisory Group lowered its 12-month price target from $90 to $88, while maintaining a Market Perform rating. The group highlighted Dollar General’s ongoing initiatives, such as store renovations and new product expansions. These recent updates reflect a variety of views on Dollar General’s financial performance and future prospects, each reflecting the company’s strategic initiatives. and market conditions.

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